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2 mins read

Stock market today: US stocks trade mixed with Fed minutes and rate outlook in focus

The Fed meeting minutes will be published later on Wednesday. Alphabet dipped about 1% as the DOJ i…

Jennifer Sor   


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3 mins read

Bank bosses aren't worried about lower interest rates — and even see some upside

Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and …

Theron Mohamed   


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5 mins read

Why the interest-rate cut isn't delivering the relief consumers were hoping for

The 10-year Treasury yield went above 4%, leaving consumers facing high borrowing costs despite the…

Dan DeFrancesco   


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2 mins read

Interest rates remain steady once again — but it's likely the Fed will cut rates in September

The Federal Reserve held interest rates steady in its July meeting as pressure mounts on the centra…

Ayelet Sheffey   


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2 mins read

The Fed is done cutting rates this year as the 'phantom recession' is finally dead, market vet says

The US recession many forecasters have been calling for isn't going to materialize anytime soon, ac…

Jennifer Sor   


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2 mins read

Deep rate cuts are necessary because the Fed's unprecedented hikes actually made inflation worse, Nobel-winning economist says

The Fed's higher borrowing costs discouraged home building, adding inflation pressure, Joseph Stig…

Filip De Mott   


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4 mins read

Welcome to interest-rate cut week: Here's how the Fed's next move will impact everything from home prices to new cars loans

The Federal Reserve is expected to finally announce interest-rate cuts this week. Here's everything…

Madison Hoff,Ayelet Sheffey   


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3 mins read

RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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2 mins read

RBI unlikely to cut interest rate in 2024: SBI chief Setty

"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…

PTI   


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2 mins read

Fed Governor Waller says 'more caution' needed on rate cuts after data showing a hot economy

Federal Reserve Governor Christopher Waller said recent economic data shows the Fed should ease mor…

Kelly Cloonan   


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2 mins read

Unemployment unexpectedly rose in July as pressure ramps up for the Fed to cut interest rates

July's job growth was 114,000, less than the expected 176,000. The unemployment rate also increased…

Madison Hoff   


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1 min read

The Fed is 'getting closer' to cutting interest rates, top official says

Several official from the Fed seem confident that, with more data on steadily decreasing inflation,…

Kelly Cloonan   


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3 mins read

US Fed says further interest rate hike unlikely going ahead

US Federal Reserve Chair Jerome Powell said a further interest rate hike from here is unlikely and …

ANI   


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2 mins read

Jamie Dimon thinks the Fed should wait longer to cut interest rates

"It would be good if the Fed waited now. I think there are a lot of reasons why inflation could ris…

Filip De Mott   


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1 min read

More interest-rate hikes aren't off the table yet, Fed president says

"If we get surprised by the data, then we would do what we need to do," Neel Kashkari said during a…

Filip De Mott   


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2 mins read

Nvidia just recorded the biggest single-day wipeout by a US company

Nvidia stock fell 9.5%, shedding $278.9 billion in valuation. The loss is tied to concerns that inc…

Shubhangi Goel   


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3 mins read

Market salutes Modi's third term: Sensex-Nifty open at all-time high

Indian stock indices continued their uptrend from the past week and opened at fresh record highs at…

ANI   


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3 mins read

The office market is in trouble. Lower interest rates might not be enough to save it.

Lower interest rates on office loans might not be enough to convince banks to keep lending to offic…

Kelly Cloonan   


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1 min read

Why Fed rate cuts could mean corporate earnings will disappoint

Steep rate cuts would point to a weaker economy, with higher unemployment and less pricing power fo…

Kelly Cloonan   


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1 min read

The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst says

The US isn't out of the words with inflation, and one fixed-income strategist thinks the Fed's jumb…

Filip De Mott